54 responses to “Graeme Hall Sluice Gate – Lowe Goes to France”

1. 

   millertheanunnaki

   December 16, 2015 at 5:01 pm

   
   

   millertheanunnaki December 16, 2015 at 4:47 PM
   @ David December 16, 2015 at 1:51 PM #
   “You obviously have not accepted Dr Robinson’s explanation for the dump?

   There is no financially-based commonsense reason in his explanation to accept, is there?

   What will the NIS board do now with the proceeds aka mess of pottage? Buy the NHC built units at the Grotto for a song to rent out for peppercorn rent to unemployed Bajans?
   What about investing it (the sale of shares proceeds since the NIS is awash with cash) in the new printing press producing junk bonds for the local market proving a perfect case of import substitution to prop up the foreign reserves to finance an untenable conspicuous lifestyle based on the importation of processed food, luxury items and trinkets?

   My friend, the NIS had the option of converting their shares into foreign investment instead of the ‘here-today-gone-tomorrow’ cash in true paro style financial behaviour.

   Do you understand the serious ramifications the NIS has to confront to meet its future obligations to those 60 years and under in the coming years?
   Of course you will dismiss the contributions of the lowly unknown foreign-formed miller as the rants and ravings of a sissy and a Mia disciple of doom and gloom.

   Maybe a word of confirmation from Walter Blackman well known to both Piece of De Rock and Artaxerxes would convince you of the impact of the straw that broke the camel’s back as far as the economic enfranchisement of Black Bajans in their quest to be shareholders and controllers of Private Sector Barbados.
   Future pensions of Barbadians cannot be paid out of the bricks and mortar in Warrens backed by permanently accrued (unpaid) rental income and paper IOU’s but out of the cash proceeds of viable investment decisions.

   David (BU):

   The mis-post of the above to another thread is regretted.

   Cheers, mate!!

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2. 

   David

   December 16, 2015 at 5:05 pm

   
   

   @Miller

   Will repeat the BU’s comment.

   You obviously give no credence to Dr. Worrell’s proclamation that the recent issue of savings bonds was an unqualified success?

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3. 

   millertheanunnaki

   December 16, 2015 at 6:53 pm

   
   

   @ David December 16, 2015 at 5:05 PM

   Neither should you.
   The IMF, the credit rating agencies and certainly not Owen Arthur would trust anything coming from that source unless verified by ‘independent’ assessment.

   We will listen to him when an ‘informed’ account is given for the $300 million of foreign reserves that disappeared between March-May 2013.

   If you going to measure “unqualified success” by lending a paro administration money to pay the wages for mostly unproductive public sector workers and to provide social services without commensurate investment in economic areas to build capacity for future growth and to widen the tax base for future social demands with an aging population then by all means Ergo Unqualified Success!

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4. 

   Hants

   December 17, 2015 at 2:24 am

   
   

   http://www.deltro.ca/solar/

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